The Trade Desk with ticker code (TTD) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 125 and 29 with a mean TP of 93.79. Given that the stocks previous close was at 82.82 this now indicates there is a potential upside of 13.2%. The 50 day moving average now sits at 79 and the 200 day moving average is 77.26. The company has a market capitalisation of $40,547m. Visit the company website at: https://www.thetradedesk.com
The potential market cap would be $45,917m based on the market concensus.
Trade Desk operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk was incorporated in 2009 and is headquartered in Ventura, California.
